List of banks in Turkey

As of March 2023, total assets of the banking industry in Turkey is 827.3 billion USD.[1] There are 57 banks : 32 deposit, 16 development and investment, 6 participation banks and 3 banks under the supervision of the TMSF.[2]

Istanbul Finance Center is the new campus for both public and private banks in Turkey

Below is a list of banking institutions operating in Turkey, provided by the Turkish Banking Regulation and Supervision Agency[3] and the Banks Association of Turkey[4]

List of banks in Turkey by total assets

TBB data as of December 31, 2022 [5]

BankFoundationNumber of BranchesTotal Assets
(Million $)
Ziraat Bankası18631,758123,630
VakıfBank195494989,904
Türkiye İş Bankası19241,13175,318
Halk Bankası19381,03874,453
Garanti BBVA194683761,619
Yapı ve Kredi Bankası194480159,262
Akbank194871157,502
QNB Finansbank198743632,182
Denizbank199767128,147
Türk Eximbank19872318,506
TEB192744814,715
Türkiye Sınai Kalkınma Bankası195026,181
ING19841485,287
İller Bankası1933194,964
Türkiye Kalkınma Bankası197514,899
HSBC1990704,708
İstanbul Takasbank199514,589
Fibabanka1984443,963
Odeabank2011483,690
Şekerbank19532383,382
ICBC Turkey Bank1986393,247
Burgan Bank1991323,092
Alternatif Bank1991333,072
Aktif Yatırım Bankası1998132,606
Citibank198132,135
Anadolubank19971162,102
MUFG Bank Turkey201211,959
Intesa Sanpaolo S.p.A.201311,681
Nurol Yatırım Bankası19981937
Arap Türk Bankası19777612
Deutsche Bank19881610
Turkland Bank199112398
Birleşik Fon Bankası19581373
PASHA Yatırım Bankası19871329
Bank of America Yatırım Bank19921285
Turkish Bank19816155
Bank of China Turkey20171149
Golden Global Yatırım Bankası20191137
Bank Mellat1984391
JPMorgan Chase1984189
Destek Yatırım Bankası2021183
Rabobank2013176
D Yatırım Bankası2020162
BankPozitif1998160
GSD Yatırım Bankası1998352
Habib Bank Limited1982140
Standard Chartered Yatırım Bankası Türk1990117
Diler Yatırım Bankası1998116
Türk Ticaret Bankası2021113
Société Générale198919
Adabank198413

Deposit banks

State-owned deposit banks

Privately owned deposit banks

Banks under TMSF

Foreign banks

Foreign deposit banks founded in Turkey

Foreign deposit banks having branches in Turkey

Participation banks (interest-free banking/Islamic banking)

State-owned participation banks

Privately owned participation banks

  • Türkiye Finans Katılım Bankası A.Ş. (Turkey Finance Participation Bank Inc.) [40]

Foreign participation banks founded in Turkey

  • Albaraka Türk Katılım Bankası A.Ş. (Albaraka Türk Participation Bank Inc.) [41]
  • Kuveyt Türk Katılım Bankası A.Ş. (Kuwait Turk Participation Bank Inc.) [42]

Development and investment banks

State-owned development and investment banks

Privately owned development and investment banks

  • Aktif Yatırım Bankası A.Ş. [46]
  • Diler Yatırım Bankası A.Ş. [47]
  • Golden Global Yatırım Bankası A.Ş. [48]
  • GSD Yatırım Bankası A.Ş. [49]
  • IMKB Takas ve Saklama Bankası A.Ş. [50]
  • Nurol Yatırım Bankası A.Ş. [51]
  • Türkiye Sınai Kalkınma Bankası A.Ş. [52]

Foreign development and investment banks

  • BankPozitif Kredi ve Kalkınma Bankası A.Ş [53]
  • Merrill Lynch Yatırım Bank A.Ş. [54]
  • Pasha Yatırım Bankası A.Ş. [55]
  • Standard Chartered Yatırım Bankası Türk A.Ş. [56]

Defunct banks

Notes

References

  • Turkey's Banks: And Banking System by Dr. Selcuk Abac. Text in English, Contains colour plates, charts, graphs and diagrams. (Detail from a copy of Turkey's Banks published by Euromoney Publications (London) in association with Various Banks in 1986 with an ISBN 0-903121-85-9)
  • Marois, Thomas (2012). States, Banks, and Crisis: Emerging Finance Capitalism in Mexico and Turkey, Cheltenham, Gloucestershire, UK: Edward Elgar Publishing.

External links